Cook & Boardman Group Acquires Norwood Hardware and Supply
Company continues nationwide expansion to deliver innovative, secure opening solutions
The Cook & Boardman Group LLC, the nation's leading provider of fully integrated access and security solutions, has made a significant move by acquiring most of the assets of Norwood Hardware and Supply. This acquisition is part of Cook & Boardman's ongoing strategy to expand and enhance their service offerings across the nation. The exact terms of this currently undisclosed transaction mark a pivotal moment for both companies.
Established in 1905, Norwood Hardware is renowned for providing a diverse range of commercial doors, frames, electronic access control solutions, and hardware installation services. The company has built a robust reputation, especially in the Ohio, Kentucky, and Indiana areas, thanks to their longstanding commitment to customer service and quality.
David Eisner, Chief Executive Officer of Cook & Boardman, expressed his enthusiasm about this acquisition, stating, "We are excited to welcome Norwood Hardware to the Cook & Boardman family. Their expertise and talented team will expand our geographic reach and drive continued growth. We look forward to working with the entire Norwood Hardware team to reach new heights together.” This sentiment reflects the collaborative spirit that the businesses share.
Kathy Chabot, the former owner and future General Manager of Norwood Hardware, also shared her optimism about the acquisition. She stated that joining forces with Cook & Boardman would not only preserve Norwood's legacy but also present new opportunities for growth.
The Norwood Hardware brand will continue to operate under its original name as a result of the acquisition, ensuring that customer relationships remain intact and unchanged, which is reassuring for its loyal clientele.
This acquisition marks Cook & Boardman’s 15th strategic purchase under the ownership of Platinum Equity, which acquired a majority interest in the company in 2023. Such expansions reflect a calculated approach to increasing their market presence and operational capabilities.
The Cook & Boardman Group was founded in 1955 and has since become a leader in providing fully integrated solutions for access and security needs. Their extensive service range now encompasses commercial doors, frames, hardware, and electronic access systems, alongside specialty products.
With over 80 locations across the United States and an accessible online shopping portal, Cook & Boardman meets the needs of non-residential and commercial properties, such as healthcare, hospitality, educational institutions, and industrial facilities. Their teams have amassed extensive experience while serving various sectors.
The acquisition of Norwood Hardware not only reinforces Cook & Boardman’s commitment to improving security solutions but also strengthens their position in the competitive market of access and security solutions. By integrating Norwood’s offerings, the company can provide more comprehensive service and innovative solutions to meet evolving customer needs.
With a focus on quality and customer satisfaction at the forefront of its business model, the Cook & Boardman Group's ambitions are both impressive and commendable. By combining strengths with Norwood Hardware, they are poised for substantial growth in the foreseeable future.
Frequently Asked Questions
What is the significance of the Cook & Boardman Group acquiring Norwood Hardware?
This acquisition enhances the range of access and security solutions offered by Cook & Boardman, allowing for greater market reach and innovation.
When was Norwood Hardware established?
Norwood Hardware was founded in 1905, showcasing a long-standing tradition of quality and service.
How will this acquisition affect Norwood Hardware's operations?
Norwood Hardware will continue to operate under its existing name, and customer contacts will remain unchanged following the acquisition.
Who expressed excitement about the acquisition?
David Eisner, CEO of Cook & Boardman, and Kathy Chabot, General Manager of Norwood Hardware, both expressed enthusiasm regarding the collaboration.
What other services does Cook & Boardman provide?
Cook & Boardman offers a wide range of integrated services including physical security, access control, and networking solutions, addressing diverse commercial needs.
